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Nigeria’s Fixed Income, Currency markets turnover drops by N8.95trn year-on-year

…down by N4.46trn month-on-month

The turnover in Nigeria’s Fixed Income and Currency (FIC) markets for the month ended August 31, 2020 was N14.26trillion. This indicating a month-on-month (MoM) decrease of 23.82percent (N4.46trillion) from the turnover recorded in July 2020 (N18.72trillion), and a year-on-year (YoY) decrease of 38.56percent (N8.95trillion) from the turnover recorded in August 2019 (N23.21trillion), according to the…

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